CF Industries Holdings, Inc. (CF) CEO Tony Will on Q1 2022 Results - Earnings Call Transcript

CF Industries Holdings, Inc. (NYSE:CF) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET

Company Participants

Martin Jarosick - Investor Relations

Tony Will - Chief Executive Officer

Bert Frost - Senior Vice President, Sales, Market Development and Supply Chain

Chris Bohn - Chief Financial Officer

Conference Call Participants

Adam Samuelson - Goldman Sachs

P.J. Juvekar - Citi

Josh Spector - UBS

Chris Parkinson - Mizuho Securities

Michael Piken - Cleveland Research

Steve Byrne - Bank of America

Andrew Wong - RBC Capital

Vincent Andrews - Morgan Stanley

Jeffrey Zekauskas - JPMorgan

Joel Jackson - BMO

Operator

Good day, ladies and gentlemen, and welcome to the CF Industries' First Quarter 2022 Earnings Conference Call. My name is Michelle, and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will facilitate a question-and-answer session towards the end of the presentation. [Operator Instructions]

I would now like to turn the presentation over to our host for today, Mr. Martin Jarosick, with CF Investor Relations. Sir, please proceed.

Martin Jarosick

Good morning, and thanks for joining the CF Industries' earnings conference call. With me today are Tony Will, CEO; Chris Bohn, CFO; and Bert Frost, Senior Vice President of Sales, Market Development and Supply Chain. CF Industries reported its results for the first quarter of 2022 yesterday afternoon. On this call, we'll review the results, discuss our outlook, and then host a question-and-answer session.

Statements made on this call and in the presentation on our website that are not historical facts are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any statements.

More detailed information about factors that may affect our performance may be found in our filings with the SEC, which are available on our website. Also, you'll find reconciliations between GAAP and non-GAAP measures in the press release and presentation posted on our website.

Now, let me introduce Tony Will, our President and CEO.

Tony Will

Thanks Martin and good morning everyone. Yesterday afternoon, we posted our financial results for the first quarter of 2022, in which we generated a quarterly record adjusted EBITDA of $1.65 billion.